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Chimera Investment Corp ($CIM)

CIM Overview

Chimera Investment Corporation operates as a real estate investment trust in the United States.The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, commercial mortgage loans, and other real estate related securities.It has elected to be taxed as a real estate investment trust. As a result, the company would not be subject to U.S. federal income tax, if it distributes at least 90% of its REIT taxable income to its shareholders.Chimera Investment Corporation was founded in 2007 and is headquartered in New York, New York. (From: StockAnalysis.com)

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